Cape Verde is Portuguese-speaking African country with highest ranking in Mo Ibrahim Index

7 October 2010

Praia, Cape Verde, 6 Oct – Cape Verde is the Portuguese-speaking African country with the highest ranking, fourth place, in the 2010 Mo Ibrahim Index, in which Sao Tome and Principe is ranked 11th, Mozambique 20th, Guinea Bissau in 41st and Angola in 43rd places.

In the index of 53 countries, published Monday, Cape Verde fell two places against its 2009 ranking, and is now ranked behind Mauritius, which remains in first place, the Seychelles and Botswana, with South Africa in fifth place.

The last countries on the list are Eritrea, Zimbabwe, the Democratic Republic of Congo, Chad and Somalia.

The ranking evaluates four governance criteria – Human Development, Participation and Human Rights, Security and Rule of Law, Opportunities for Economic Sustainability.

Ahmed Salim, the former secretary general of the now outdated Organisation for African unity (now the African Union) and one of the director of the foundation, said that, as had been the case last year, the Foundation had decided this year not to award the annual prize to an African statesman that had particularly distinguished him/herself for good governance.

The prize, of US$5 million, was given in the inaugural edition, in 2008, to Joaquim Chissano, former president of Mozambique and in the next year to Festus Mogae, the former head of State for Botswana.

Mo Ibrahim, who was born in Sudan in 1946 and founded African telecommunication company Celtel International is considered to be a model successful African citizen, who focused on ethical business management.

Mo Ibrahim sold the company in 2005 – seven years after setting it up – to a Kuwaiti operator for US$3.4 billion, the fortune which funds the Foundation and the prize. (macauhub)